Become a loan shark.....Legally
This is a pretty funny article, if you get past the point that you are taking advantage of those in need. At least if you believe their stories (do crack heads have internet access?). At any rate this is a creative business, but by no means am I suggesting you become a loan agent to the sub-sub-prime borrowers. It will be interesting if people actually pay this guy back. Earning 28% interest doesn't sound bad. Although he may have better luck logging onto tradesports.com
http://www.bankstocks.com/article.asp?type=1&id=9881096
http://www.bankstocks.com/article.asp?type=1&id=9881096
posted by blog_name at
9:08 AM
1 Comments:
Something about loaning money at a 28% interest rate scares the bejesus out of me; regardless of the creditworthiness of the counterparty. Perhaps because I was raised to believe that if the deal seems to good to be true it probably is.
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